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In a study of 42 U.S.-based multinational corporations,the major problem areas they reported in making pricing decisions were: meeting competition,cost,lack of competitive information,distribution and channel factors,and ________.
Efficiently Used
Utilized in a manner that maximizes productivity or effectiveness while minimizing waste or unnecessary expenditure of resources.
Scarcity
The fundamental economic problem of having seemingly unlimited human wants in a world of limited resources.
Efficiency
The optimal use of resources to achieve the best possible outcome.
Opportunities
Options or possibilities for individuals or firms to engage in beneficial activities or investments.
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